News Centre

HKFE Announces Revised Margins For Futures Contracts

Date 29/08/2017

Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Friday, 1 September 2017, the margin levels of the following Futures Contracts shall be as follows: 

Nasdaq Nordic And Baltic Exchanges Announce Pilot Program For ESG Reporting

Date 29/08/2017

Nasdaq (Nasdaq: NDAQ) today announced an ESG (economic, social and governance) Reporting Pilot Program for its Nordic and Baltic markets. The program will be based on the voluntary ESG Reporting Guidepublished by Nasdaq’s exchanges in Stockholm, Helsinki, Copenhagen, Iceland, Tallinn, Riga and Vilnius in March 2017.

Major Japanese Trust Banks Adopt DTCC’S Omgeo Alert To Automate, Replace Post-Trade Processes - The Industry’s SSI Utility Helps Firms To Reduce Risk And Operational Costs Associated With Trade Failures

Date 29/08/2017

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that Japan Trustee Services Bank, Ltd. (JTSB) and The Master Trust Bank of Japan, Ltd. (MTBJ) have gone live on the Omgeo ALERT (ALERT) for Trustee Service via global custodian Brown Brothers Harriman & Co. (BBH). The ALERT for Trustee Service connects to ALERT’s Global Custodian Direct (GC Direct) workflow for those markets where trustees are the legal owners of investment fund assets. BBH, the first custodian to onboard trustee-affiliated investment managers to the service, has been an ALERT GC Direct user since 2015.

Keynote Address: “Upholding High Integrity – The Cornerstone In Financial Planning”: By YBhg Dato’ Ahmad Fairuz Zainol Abidin, Deputy Chief Executive, At Annual Financial Planning Signature Conference 2017, 29 August 2017, Securities Commission Malaysia, Kuala Lumpur

Date 29/08/2017

Introduction

Yang Berbahagia Dato’ Wira Othman Bin Aziz, Deputy Minister of Finance I,

Yang Berusaha esteemed Presidents of the financial planning associations,

Distinguished guests,

Ladies and gentlemen,

Assalamualaikum and a very good morning

1. It gives me great pleasure to be here today. I would like to express my appreciation to the Malaysian Financial Planning Council or MFPC for all the preparations made as the main organiser of the second Financial Planning Signature Conference.  The presence of YB Dato’ Wira Othman bin Abdul Aziz , Deputy Finance Minister l, makes this occasion even more special.

116 Global Funds Join SET “Thailand Focus 2017”, Showcasing Listed Firms’ Growth Potential

Date 29/08/2017

The Stock Exchange of Thailand (SET), together with Phatra Securities pcl and Bank of America Merrill Lynch, is holding “Thailand Focus 2017,” a flagship investment seminar in Bangkok from August 29-31, 2017. This inbound roadshow has embraced 116 foreign fund managers worldwide with USD 2.6 trillion assets under management, scheduled to meet with 142 listed companies, highest ever, in a series of 1,464 meetings, hitting a four-year record high.

Hong Kong's Securities And Futures Commission Issues First-Quarter Report

Date 29/08/2017

The Securities and Futures Commission (SFC) today published its Quarterly Report summarising key developments from April to June 2017.

OneChicago Labor Day Holiday Trading Hours

Date 29/08/2017

OneChicago, LLC (“OneChicago”) will be closed on Monday, September 4, 2017 in observance of the upcoming Labor Day Holiday, which is consistent with U.S. equity markets. OneChicago will be open on Tuesday, September 5, 2017.

2016-2017 IIROC Annual Report Charts Progress On Strategic Plan

Date 28/08/2017

The Investment Industry Regulatory Organization of Canada(IIROC) today released its Annual Report for 2016-17. It highlights milestones achieved by the national public interest regulator in the first year of its three-year Strategic Plan, intended to better protect investors and support healthy Canadian capital markets.

New York State Department Of Financial Services Cybersecurity Regulation Compliance Requirements Are Effective Today

Date 28/08/2017

Financial Services Superintendent Maria T. Vullo reminds all entities covered by the DFS cybersecurity regulation, that today, August 28, 2017, is the first compliance date of New York’s first-in-the-nation cybersecurity regulation.  Beginning today, banks, insurance companies, and other financial services institutions regulated by DFS are required to have a cybersecurity program designed to protect consumers’ private data; a written policy or policies that are approved by the board or a senior officer; a Chief Information Security Officer to help protect data and systems; and controls and plans in place to help ensure the safety and soundness of New York’s financial services industry.  Covered entities must also begin reporting cybersecurity events to DFS through the Department’s online cybersecurity portal.  In addition, DFS recently announced that covered entities can virtually file notices of exemption, which are due within 30 days of the determination that the covered entity is exempt.

ECC-Response on ESMA’s Guidelines On CCP Conflict Of Interest Management

Date 28/08/2017

In its response to the ESMA consultation on conflicts of interest management, ECC raised the importance of exchanging best practices between central counterparties (CCPs), as well as   ensuring there is a consistent implementation across CCPs. It is, however, important to take into account the particular business situations of CCPs to ensure that measures are not disproportionate. In this views, especially possible restrictions to the management or the supervisory board have to be seen critical, according to ECC.